TL;DR Wanchain launches ETH XFlows on BNB Chain. Native-to-native ETH cross-chain transformations are now live on Arbitrum, BNB Chain, Ethereum, Metis, Optimism and Polygon!
Wanchain’s XFlows has continuously challenged assumptions about what is possible with secure, decentralised cross-chain technology. XFlows’ innovative native-to-native cross-chain transformations has indeed captured the attention of users throughout the blockchain industry while setting new benchmarks for performance, design and usability. This has perhaps been most evident with Wanchain’s ETH XFlows, which has empowered users to sidestep the slow speeds and high costs associated with Ethereum and it’s Layer 2 networks, without sacrificing the security that these in-house Layer 2 bridges provide.
With the concept more than proven, it is with great pleasure that Wanchain, the global leader for blockchain interoperability solutions, announces that ETH XFlows now supports ETH transformations to-and-from Binance’s BNB Chain!
What is ETH XFlows?
ETH XFlows is a decentralised cross-chain solution that enables native-to-native cross-chain transformations between ETH on Ethereum, blockchains that settle transactions on Ethereum, and many of the most popular ETH-backed assets including BEP20 ETH on BNB Chain. XFlows leverage the power of Wanchain’s cross-chain bridges to provide easy, non-custodial transformations between chains without the need for centralised exchanges.
About ETH on BNB Chain
BNB Chain, formerly Binance Smart Chain, is an EVM-compatible Layer-1 blockchain created by Binance. It is designed to provide fast and cheap transactions, making it a popular alternative to Ethereum. To make ETH available on BNB Chain, Binance issues the Binance-Peg Ethereum Token, often called BEP20 ETH. Binance-Peg Ethereum Token represents native ETH in a one-to-one raio, and is guaranteed by Binance’s native ETH reserves. Binance-Peg Ethereum Token on BNB Chain is considered equivalent to native ETH on Ethereum.
What routes are currently available for ETH XFlows?
ETH XFlows is currently supported by direct bridges connecting Arbitrum, BNB Chain, Ethereum, Metis, Optimism, Polygon and Wanchain. The specific routes are:
ETH addresses
- Arbitrum (N/A)
- BNB Chain BEP20
- Ethereum (N/A)
- Metis
- Optimism (N/A)
- Polygon ERC20
- Wanchain WRC20
More token addresses available here: https://wanscan.org/tokens
About Wanchain
We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralised cross-chain applications to power the future of Web3.
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